Latest Annual Report
Filed: 2026-02-09
Key Insights
- ALEXANDERS INC reported a decline in revenue and operating income over the past three fiscal years, with a significant drop in 2025 compared to 2024.
- The company's property portfolio experienced occupancy and rental rate challenges, particularly at the Rego Park II Shopping Center and Lexington Avenue Property segments.
- ALEXANDERS INC relies heavily on related-party transactions and agreements with Vornado, its largest shareholder, which could pose risks to shareholders.